The Business Analyst for Video Sales, Inc What Is the Forecast for This Year Using the Naive

question 8

Multiple Choice

The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: $$\begin{array} { l l } \text { Year } & \text { Demand } \\\hline \text { 5 years ago } & 900 \\\text { 4 years ago } & 700 \\\text { 3 years ago } & 600 \\\text { 2 years ago } & 500 \\\text { Last year } & 300\end{array}$$ What is the forecast for this year using the naive approach?

• A) 163
• B) 180
• C) 300
• D) 420
• E) 510

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Definitions:

Internal Locus

The belief that one's actions and behaviors are guided by personal decisions and efforts rather than external factors.

Mindfulness Meditation

A practice of focusing one’s attention on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.

Type A Personality

A personality type characterized by high levels of competitiveness, self-drive, impatience, and a strong sense of urgency.

External Locus

The belief that one’s life events are primarily controlled by external forces or influences rather than one’s own efforts.